Khadija has been working in selling clothes and blankets since 2005. Her business is mobile; she uses her car to sell her products, passing through neighboring villages.
Khadija is a hard worker. She always works on expanding her working region and increasing her merchandise.
Khadija is applying for a loan from Kiva's partner Al Majmoua to start a new business to increase her income and improve her family's living. She plans to open a shop next to her house where she will sell housewares, toys, and shoes, in addition to her primary business.
Khadija has been Al Majmoua's borrower for two cycles. Her previous loan increased her income and improved her family's living.
About Al Majmoua – Lebanese Association for DevelopmentThe Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.
Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.
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Success!! The loan was 100% repaid